
The 10 Most Important Financial Skills
The Morgan Housel Podcast
00:00
Avoid Debt and Consistent Decisions in Finance
Avoid debt from the beginning, as the quickest way out of debt is to never be in it. Focus on strategies to pursue a degree without incurring debt. In investing, the key is to consistently make sound decisions over time rather than seeking get-rich-quick schemes. Stay vigilant against promises of abnormal gains without corresponding sacrifices in order to avoid falling for unrealistic offers.
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